Machinists ratify new agreement with Veoneer Canada Inc.

Machinists ratify new agreement with Veoneer Canada Inc.

Monday March 11, 2019

For Immediate Release

Markham, On – Members of IAM Local Lodge 2113 have ratified a new three year collective agreement with Veoneer Canada Inc.
The collective agreement has a two tier wage system which provides wage and pension increases for tier one workers of a lump sum in the first year and a total of 3.75 per cent increase in years two and three. The tier two workers received a wage increase of 8.75 per cent over the life of the agreement. Other agreement highlights include:
• Improved Overtime language
• Improved benefits including increased vision care/ tool allowance
• Improved contract language

The 545 members manufacture modules for active safety, autonomous driving, occupant protection and brake control for the Automotive Sector. Veoneer is the world’s largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD).

For further information:
Jim Snider – IAM District Lodge 78 Business Representative
Bill Trbovich – IAM Director of Communications
416-386-1789 Ext #31/416-735-9765